Mutual Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
FT 6132: MUNI ADVANTAGE CLOSED-END & ETF PORTFOLIO SERIES 36 (NASDAQ:FRPIOX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FRPIOX
The long term trend has been DOWN since Nov 10th, 2017 at 9.0094
The intermediate term trend has been DOWN since Apr 18th, 2018 at 8.7174
The short term trend has been UP since May 18th, 2018 at 8.7086
Smart Scan Analysis for FRPIOX
Based on a pre-defined weighted trend formula for chart analysis, FRPIOX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.17||52wk High Date||2017-09-11|
|52wk Low||8.69||52wk Low Date||2018-04-19|
|Year End Close||8.9811||Payment Date||2018-05-25|